In This Article:
LEG Immobilien (ETR:LEG) Full Year 2024 Results
Key Financial Results
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Revenue: €1.57b (up 15% from FY 2023).
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Net income: €66.0m (up from €1.57b loss in FY 2023).
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Profit margin: 4.2% (up from net loss in FY 2023).
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EPS: €0.89 (up from €21.17 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
LEG Immobilien Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 54%.
Looking ahead, revenue is expected to fall by 20% p.a. on average during the next 3 years compared to a 13% decline forecast for the Real Estate industry in Germany.
Performance of the German Real Estate industry.
The company's shares are down 12% from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for LEG Immobilien (1 shouldn't be ignored!) that we have uncovered.
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